SAN FRANCISCO, CA – October 6, 2009 – Clickability, Inc., the global leader in on-demand Web Content Management (WCM), today announced that it secured a $4MM venture loan from MMV Financial (“MMV”).
Clickability enables marketers and publishers to create, manage, and publish rich and targeted Web content to any device, from any location worldwide. The Clickability Platform serves a variety of verticals, including Technology, Media and Entertainment, Financial Services, and Government, among others. Based on a Software as a Service model, Clickability empowers both technical and non-technical users with its highly innovative platform and infrastructure. With frequent product updates, Clickability is able to innovate faster than traditional, enterprise software competitors.
“We are excited that MMV has validated our business model and supports the continued growth of our business. This financing will also help solidify our position as the industry leader in SaaS-based Web Content Management,” said Jeff Freund, CEO of Clickability.
“Clickability is on the forefront of cloud Web Content Management. We believe in the power of SaaS to be a game changer in the industry, and are pleased to be working with the Clickability team.” said April Young, MMV’s Senior Vice President and Managing Director.
About Clickability, Inc.
Clickability™ is the global leader in on demand Web Content Management (WCM). The company enables customers to take content from any source and publish to any device, managing their entire content repository of digital assets more effectively in “the cloud.” The Clickability Platform is unique in leveraging four pillars to support the complete content lifecycle: Software as a Service (SaaS), Infrastructure as a Service, Innovation as a Service, and On-Boarding and Support as a Service. Enterprise customers such as Amcor, Cantor Fitzgerald, and NetApp, as well as media and entertainment leaders such as CNN, Smithsonian, Time, the Tribeca Film Festival, and the Wall Street Journal, rely on Clickability to reduce costs, increase revenues, build global brands, and foster stronger customer relationships.
Hosted in secure, energy-efficient data centers, the multi-tenant Clickability Platform offers customers an environmentally friendly alternative to hardware ownership. Founded in 1999, the privately held company is headquartered in San Francisco, with offices in New York and London. Clickability garnered the Software and Information Industry Association’s CODiE Award for best content management solution in 2008 and 2009. More information is available by calling toll-free 888-352-9682 or visiting www.clickability.com.
About MMV Financial
MMV Financial is a specialty finance company providing creative debt solutions directly to technology and life sciences companies across North America. MMV is backed by top U.S. and Canadian private equity firms and financial institutions including CCP Equity Partners, Caisse de dépôt et placement du Québec, Fonds de Solidarité FTQ, HSBC Bank Canada, NewStar Financial Inc., ROI Capital, and Wells Fargo Company. For more information please visit www.mmvf.com
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For MMV Financial:
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MMV Financial USA Inc.